SOC Investment Group, which advises union-affiliated pension funds, is urging US regulators to scrutinize SpaceX’s financials ahead of a potential IPO valuing the company over $2 trillion. In a May 6 letter to the SEC, SOC requested review of SpaceX’s financial disclosures for accuracy, auditor independence, and transactions with other Musk ventures, including xAI and Tesla. The group expressed concern that investors could face risk if disclosures are not independently verified. SOC, not a Space

SOC Investment Group, which advises union-affiliated pension funds, is urging US regulators to scrutinize SpaceX’s financials ahead of a potential IPO valuing the company over $2 trillion. In a May 6 letter to the SEC, SOC requested review of SpaceX’s financial disclosures for accuracy, auditor independence, and transactions with other Musk ventures, including xAI and Tesla. The group expressed concern that investors could face risk if disclosures are not independently verified. SOC, not a SpaceX shareholder, has previously pressed companies like Tesla and JPMorgan on corporate accountability.